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HP Has Been Slammed With 10 Lawsuits Over The Autonomy Debacle

A company HP's size is always fending off lawsuits, but the avalanche of shareholder suits flung at HP and its corporate execs since November is jaw-dropping all the same.

Since HP announced that it would take an $8.8 billion write-down on its $11.1 billion acquisition of Autonomy in November, at least 10 new lawsuits have been filed, HP reported in its 10-K document filed to the SEC yesterday.

While these 10 suits have zeroed in on Autonomy, it wasn't the only big write-down HP took this year. HP also wrote-down $1.2 billion of goodwill related to its $25 billion Compaq acquisition and wrote-down $8 billion in August from its $13.9 billion acquisition of EDS acquisition.